The new power, known as resolution authority, is intended to avoid a recurrence of an event like the September 2008 bankruptcy of Lehman Brothers, which plunged financial markets around the world into turmoil and quickly led to several government-financed bailouts.
It could hardly do the same for a crisis caused by an inability to stand behind its own debts.Even if Congress were to tackle turmoil by quickly lifting the debt ceiling, the stain would linger.
The timeline appears to end months of turmoil over how quickly the companies would be pushed out, and it should clear the way for projects that had been delayed by security concerns to resume development.
After the game, Tressel and his players obliquely acknowledged the program's turmoil, but that quickly gave way to a sentiment that was uttered in locker rooms after season openers across the nation: the first game of a new season is scary and the preparation getting there is monotonous.
Turmoil in Europe could quickly spread across the Atlantic because of the intertwined nature of the global financial system.
They're stunned by how quickly the turmoil on Wall Street is spilling over to their own lives and wallets.
In 2011, Arab hip-hop artists responded quickly to turmoil in the region, their tunes wired to the region's political pulse.The songs of these previously less-known artists blasted through the streets during the protests that unseated north African dictators.
The governor's office, in a second day of turmoil in the State House, quickly responded, saying there was no abuse involved in the relationship with Mr. Cipel, a young Israeli who was appointed to a $110,000-a-year 110,000-a-year 110,000-a-yearry 2002.
In the late 1990s, the music industry was in turmoil because many Internet users quickly learned they could download their favorite songs for free instead of paying for albums.
According to organisers, the protest was meant in "joy and good humour" but the scene quickly descended into turmoil as some fans threw firecrackers and homemade smoke bombs as the players attempted to train.
